Mortgages expert witness Joffrey G. Long will moderate a special session on title insurance as part of the January 30-31 educational program presented by the California Mortgage Association in Universal City, CA. In Securing a mortgage expert witness: Types of real property lawsuits, Mr. Long writes:
There are many types of lawsuits involving loans secured by real property; they often fall into one of six general themes:
1) The sub-prime (or other institutional type loan) borrower lawsuit: Here, the owner(s) of a dwelling, (usually their residence) obtained a refinance loan or loans, (or loan to purchase a property) and later determined they didn’t understand, couldn’t afford, or were otherwise unhappy with the loan terms or some part of the process.